Last modified: 05 Oct 2023 08:46
The course provides an understanding of how organisations, particularly small businesses, capture, create and use accounting information both to guide their own activities and to communicate their financial performance and financial position to parties external to themselves. It develops knowledge and understanding of accounting, accounting techniques and accounting information, so that students become informed users of accounting data and information, not creators of that data and information.
| Study Type | Undergraduate | Level | 1 |
|---|---|---|---|
| Session | Second Sub Session | Credit Points | 15 credits (7.5 ECTS credits) |
| Campus | Aberdeen | Sustained Study | No |
| Co-ordinators |
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This course assumes no prior knowledge of accounting. It provides an introduction to how accounting information is used, and to the secrets and tricks managers and accountants adopt when using financial data to inform their decision making. It covers the four cornerstones of accounting: the mysteries of bookkeeping, treatment of costs, financial accounting, and management accounting, all in sufficient detail to allow data and information to be understood, interpreted, and explained. A clear and accessible approach is adopted throughout that focuses on explanation and developing understanding. While small business and entrepreneurship are emphasised, the roles of accounting in large companies and not-for-profit organizations are also discussed.
Information on contact teaching time is available from the course guide.
| Assessment Type | Summative | Weighting | 100 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback |
4 x 20 minute online tests (25% each) Feedback will be provided after all students have completed each of the tests.
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| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Conceptual | Analyse | Demonstrate the ability to interpret accounting data and accounting information. |
| Conceptual | Understand | Demonstrate understanding of accounting data and accounting information. |
| Factual | Understand | Demonstrate knowledge and understanding of accounting terms, techniques, and processes. |
| Procedural | Remember | Describe the process whereby transaction data is converted into accounting data. |
There are no assessments for this course.
| Assessment Type | Summative | Weighting | 100 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback |
Online Invigilated Exam Feedback will be available after the grades are released. |
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| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
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| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Conceptual | Understand | Demonstrate understanding of accounting data and accounting information. |
| Procedural | Remember | Describe the process whereby transaction data is converted into accounting data. |
| Factual | Understand | Demonstrate knowledge and understanding of accounting terms, techniques, and processes. |
| Conceptual | Analyse | Demonstrate the ability to interpret accounting data and accounting information. |
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